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Despite an initial surge in COVID-19 cases, cross country data suggests that Turkey containedrelatively quickly the spread and worst health effects of the virus. As in other countries, however, continued vigilance is essential to sustain this fragile trend. Turkey's pandemic response may offer...
Persistent link: https://www.econbiz.de/10012647432
Guinea is a country with a rich historical legacy, abundant natural resources, a privileged geographical location - and a rapidly growing population. A successful political transition and the emergence of a vibrant civil society have helped to ensure ethnic peace and the absence of civil wars in...
Persistent link: https://www.econbiz.de/10012645143
Lao PDR's GDP growth slightly decelerated to 6.9 percent in 2017, but remained robust. The economy is expected to further ease to 6.7 percent in 2018. Recent expansion of labor-intensive industries (agriculture, manufacturing and services) and robust remittances inflows are expected to continue...
Persistent link: https://www.econbiz.de/10012645311
The Lao economy is estimated to have grown at around 7 percent in 2016, a slight moderation from 7.4 percent in the previous year. Inflation pressures remain low, though prices increased faster in the second half of the year as oil prices recovered. The fiscal deficit widened significantly in...
Persistent link: https://www.econbiz.de/10012248101
Economic growth remains below pre-COVID-19 levels, mainly owing to protracted macroeconomic instability. Economic growth is estimated at 3.7 percent for 2023, with positive contributions from the services sector (for example, tourism, transport, and logistics) and mining. Electricity generation,...
Persistent link: https://www.econbiz.de/10014582075
This document presents the Systematic Country Diagnostic (SCD) for the Republic of Burundi (Burundi). The SCD identifies the key challenges and opportunities for Burundi to accelerate progress in poverty reduction and shared prosperity in a sustainable manner, while acknowledging: (i) the need...
Persistent link: https://www.econbiz.de/10012645419
Macroeconomic management in Chad, Mali and Niger needs to account for a number of specific parameters. Very rapid population growth exerts immense pressure on the demand for education and health services. Economic activity and prices are strongly influenced by climatic variations, and exports...
Persistent link: https://www.econbiz.de/10012645727
Global growth is broadly stable but downside risks from rising trade tensions are increasing.A weakening recovery in trade and manufacturing activities is weighing down global growth. Global goods trade has decelerated more rapidly than expected. U.S. tariff s and the retaliatoryresponses of its...
Persistent link: https://www.econbiz.de/10012645848
Ghana's real gross domestic product (GDP) expanded in 2018, albeit at a slower rate than in 2017; the expansion was spurred by the mineral component of the industry sector. The government sustained its fiscal consolidation efforts in 2018 despite challenges. The current account deficit narrowed...
Persistent link: https://www.econbiz.de/10012646194
This Systematic Country Diagnostic is the result of a diagnostic exercise conducted by World Bank staff. It was prepared to inform the strategic dialogue between the Government of the Central African Republic (CAR) and the World Bank about priority areas for World Bank Group engagement. This...
Persistent link: https://www.econbiz.de/10012646399